In re: Walgreens Boots Alliance Securities Litigation.

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Case Number:

1:24-cv-05907

Court:

Illinois Northern

Nature of Suit:

850 Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Honorable Mary M. Rowland

Firms

Companies

Sectors & Industries:

  1. May 07, 2025

    Walgreens Wants 'Far-Fetched' Shareholder Suit Tossed

    Walgreens contends that a proposed class action alleging it inflated share prices by concealing the lack of viability of its pharmacy division and primary clinic investment must be dismissed because it lacks factual allegations to back its claim that Walgreens made any misstatements to shareholders about its financial outlook, let alone with fraudulent intent.

  2. July 15, 2024

    Walgreens Investor Sues Over Challenged Pharmacy Division

    Walgreens Boots Alliance Inc. was hit with a proposed shareholder class action alleging it inflated share prices by concealing the lack of viability of its pharmacy division, which it eventually disclosed needed a major overhaul to become sustainable.